After financial institutions, the central bank now brings all non-bank financial institution (NBFIs) under the early warning system to keep all their financial activities under constant monitoring. The central bank yesterday formally introduced the early warning system for NBFIs in the backdrop ...

Merchant bankers yesterday demanded reduction of corporate tax on merchant banks, which are non-listed companies, to 35 per cent in the next fiscal (2014-15) from the existing 37.50 per cent. Leaders of Bangladesh Merchant Bankers Association (BMBA) placed the demand at a post-budget press confer...

Bangladesh Development Bank Ltd (BDBL), the state-run specialised bank, has earned Taka 102 crore net profit during the 2013 year, which is Taka 18 crore more than the same period of previous year. This was informed at the 4th Annual General Meeting (AGM) of the bank at its head office here.

Exim Bank Limited has declared 11 percent stock dividend for its shareholders for the year ended on December 31, 2013. The declaration came at the bank’s 15th Annual General Meeting (AGM) held at RAOWA Complex, Mohakhali DOHS in Dhaka on Tuesday, said a press release.

A special training course on “Foreign Exchange and International Trade” begins at Al-Arafah Islami Bank Training and Research Academy in Dhaka on Tuesday.

The beleaguered BASIC Bank is facing accusations that it abetted in laundering of money from Bangladesh on top of irregularities in loan disbursement.

angladesh represents a resilient sovereign credit story buoyed by high and consistent growth, improving public finances,

Bangladesh Bank on Sunday asked the scheduled banks to extend their cooperation to the importers of essential commodities so that they (importers) can open easily letters of credit against such items to meet demand for the commodities in the upcoming Ramadan.

Foreign banks posted sluggish net profits last year mainly due to political turmoil that forced them to set aside a significant portion of their income to deal with bad loans.

Finance Minister Abul Maal Abdul Muhith today said Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB)